To make your business successful, it is very crucial for an organization to handle & manage its financial data properly. financial analytics software serves to be the best tool for strengthening and comparing financial and accounting transactions.
It is accounting software for financial analysis so that the accuracy of their accounts and financial KPIs can be monitored and then used to plan a company’s future financial direction.
Accountants also generate reports and financial compliance using financial analysis software. Finally, managers from other departments can also benefit from dashboards and reports that detail their team’s financial performance.
However, there are many factors to find the right analytical tool for a certain company. The entire research process can be overwhelming by monitoring its performance and learning how well the platform plays and identifying its TCOs.
Financial Analytics Software
1. Freshbooks
FreshBooks makes it easy to know the exact performance of your business. Your success will never be a mystery with the simple and direct dashboard and reports. Moreover, you can easily access important reports (such as profit and loss) from your Dashboard and skip the math headaches.
Features
- It is simple to set up and customize your invoice, add your logo and customize your thank-you email. You will be cheered by your clients. It will simplify the creation of professional invoices for your business.
- You can send reminders to securely charge your customer's credit card, automate your business with FreshBooks as much as possible.
- Let this software monitor customers in order to focus your time on the most important things.
- Create an official account and say goodbye to manual entry in your bank account or credit card. This account is updated each day to keep your business updated with your most recent expenditure.
Pricing Details
- Lite Version: Buy this software at $15/ month which comes with 5 billable accounts.
- Plus Plan: This is the most selling plan of Freshbooks at $25 which empowers you with 50 billable accounts.
- Premium Plan: You can avail this service, at $50 for 500 billable clients.
2. ACTICO
The software can calculate financial relations with fully configurable financial spread templates, regardless of the complexity. These reports may include an analysis of peer groups to reference counterparties in the same market or industry with similar firms.
Features
- It Automates financial ratio calculation that can be integrated into additional risk assessment and loan origination processes.
- There are a large number of comparison functions in the Financial Spreading software. This includes multiannual trend analysis and comparisons of a single counterparty and their pairs.
- You can generate reports in different formats like PDF, MS Word and MS PowerPoint via financial dispensing module.
- MS Excel may import and export financial statements. Financial information, like local credit offices or other data providers, may also come from external data sources.
Pricing Details
- To get pricing details contact to the site owner.
3. Ready Ratios
The main feature of this system is that individuals must not participate in the analysis, simply entering financial report data (prepared according to the IFRS or US GAAP) and receiving analytical results that are not different to that of an expert analyst's study. The program is web-based and can be opened using your favourite browser. It supports Internet Explorer 6 +, Firefox 3 +, Google Chrome 7 + and Opera 9 +.
Features
- In addition to indicating positive and negative rate values, Colors are used to indicate quality rates.
- The user can limit the report and left the required sections, select tables and text parameters and make a certain critical level.
- This software provides you with fast and convenient access to information for further analysis. To use this feature, the user should log in to the website of ReadyRatios.
- When analyzing data for many years, you no longer have to collect pages with tables. The program offers a feature that reduces wide tables without losing their information value significantly.
Pricing Details
- For pricing details please contact the website owner.
You May Also Like
